Chicago
Formerly Distressed South Shore Apartments Land Permanent Refi
Berkadia recently secured financing for Park Heights at the Lake, a 106-unit high-rise multifamily property in the South Shore neighborhood of… Read more
Downtown Chicago’s Class B Office Stock Poised for Residential Conversion
Chicago ranks third only behind New York and Washington, DC in potential for converting class-B office to residential use, according to the National Association… Read more
Draper and Kramer Opens Wrigleyville Lofts to Move-Ins
Draper and Kramer has opened Wrigleyville Lofts, the developer’s new 120-unit mixed-use project at 949 W. Dakin St. in Wrigleyville, to the property’s first move-ins. Additionally,… Read more
Gold Coast Retail Trades to L3 Capital
CBRE has arranged the sale of 1051 N Rush St., a high-profile corner located at the convergence of three luxury… Read more
Jeweler’s Building Redevelopment Wins Preservation Excellence Award
The Commission on Chicago Landmarks honored Cubed Construction and the team behind the recent development of The Jeweler’s Building at 15 S. Wabash Ave. with… Read more
Pembrook Capital Provides First Mortgage on South Shore Affordable
Pembrook Capital Management LLC is providing a first mortgage loan up to $4 million on a multifamily property at 6700 S.… Read more
Kawa Closes Preferred Equity Investment in River North Rentals
Kawa Capital Solutions, an independent asset management firm specializing in real estate capital solutions, has closed on a preferred equity… Read more
KBS Wraps Amenities Upgrades at Accenture Tower
KBS has completed more than $22 million in upgrades at Accenture Tower the 1.46-million-square-foot office tower at 500 W. Madison St. in Chicago’s… Read more
City Council Signs Off on Mark Goodman’s Fulton Market Life Sciences Tower
Mark Goodman & Associates, Inc. (MGA) on Wednesday received final approval from the Chicago City Council to build a 16-story life sciences… Read more
Foxtrot Brings Corner Store Concept to Tribune Tower
CIM Group and Golub & Company arranged a lease with Foxtrot, the corner store, café, and delivery market, for a 1,739-square-foot… Read more
Cresco Opens Flagship Dispensary Near Wrigley Field
Cresco Labs held the grand opening of its flagship Sunnyside cannabis dispensary, located 300 feet from the Wrigley Field Marquee. A ceremonial ribbon cutting… Read more
Sterling Bay Plans Apartments, Offices on Site of Former ADM Mill
After demolishing a 19th-century flour mill on the western edge of the Fulton Market District, Sterling Bay plans to redevelop the site… Read more
Life Time Bringing Athletic Resort, Coworking Space to River North
Life Time Group Holdings has opened a preview center for Life Time River North at One Chicago, its first athletic center in… Read more
Hines Poised to Pay Nearly $100M for Bradley Business Center
Hines is under contract to pay almost $100 million for the Bradley Business Center industrial and office campus on Chicago’s North… Read more
Build-to-Suit for Amazon Gets Underway in West Humboldt Park
Amazon broke ground recently on DLN5, its newest delivery station in West Humboldt Park on Chicago’s West Side. Representatives from… Read more
Interra Brokers Deals on South, Southwest Sides
Interra Realty recently brokered the sales of two multifamily properties on Chicago’s South and Southwest sides. 7245 S. Bennett Ave., a… Read more
Clune Wraps Work on Dentsu’s 126K-SF Downtown Offices
Clune Construction has completed Dentsu International’s new Downtown Chicago office. The project was born out of the decision to bring multiple brands under… Read more
Hotel Converted to Apartments Comes to Market in Uptown
Essex Realty Group has been hired to sell The Wilson Club, a luxury mixed-use apartment building located in Chicago’s Uptown neighborhood. Pricing is subject… Read more
Fulton Market Acquisition Advances Strategic Assemblage
Greenstone Partners represented Vista Property in the acquisition of 413 N. Carpenter St. in the Fulton Market District. Encompassing a 23,326-square-foot parcel and a… Read more